President Trump threatens to shut down the government if Democrats refuse to help approve $5 billion border wall finance.

Joseph Corr

2018-12-18 10:38:00 Tue ET

President Trump threatens to shut down the U.S. government in 2019 if Democrats refuse to help approve $5 billion public finance for the southern border wall. Trump hardens his demands for border wall finance when he discusses the topic with the top Senate and House Democratic whip leaders Nancy Pelosi and Chuck Schumer in an Oval Office confrontation after the mid-term elections. The open confrontation devolves into acrimony in light of the gulf between Trump and Democrats over U.S. public finance legislation as the president puts a possible compromise further out of reach.

President Trump confronts both Democratic congressional reps to emphasize his clear position that he would be proud to shut down the U.S. government for border security. However, the border security tax would inexorably exacerbate the current U.S. fiscal deficit and debt dilemma in addition to the $1.5 trillion tax cuts and $1 trillion infrastructure expenditures with $779 billion fiscal deficits as of August 2018.

President Trump deliberately transforms an initially-proposed private negotiation with Democratic congressional leaders into an open and bitter altercation over his signature presidential campaign promise of the southern border wall. When push comes to shove, compromise may be a better solution to bitter border wall disputes.

 

Clarification

As of Wednesday 19 December 2018, one of our Facebook friends, James Ross, provides the ingenious insight that the border wall can improve the U.S. domestic quality of health care, education, as well as public services for non-U.S. citizens. In this alternative light, the border wall tax of $5 billion becomes essential for overall domestic welfare in America. At any rate, we endeavor to cover both sides of the story as much as we can. Our blog viewers, readers, and fans etc can provide their constructive feedback to contribute to better content curation on our AYA fintech network platform.

 


If any of our AYA Analytica financial health memos (FHM), blog posts, ebooks, newsletters, and notifications etc, or any other form of online content curation, involves potential copyright concerns, please feel free to contact us at service@ayafintech.network so that we can remove relevant content in response to any such request within a reasonable time frame.

Blog+More

Innovative investment theory and practice

Olivia London

2022-05-15 10:29:00 Sunday ET

Innovative investment theory and practice

Innovative investment theory and practice Corporate investment can be in the form of real tangible investment or intangible investment. The former conce

+See More

Chinese trade delegation offers to boost purchases of U.S. agricultural products to reach an interim trade deal with the Trump administration.

Peter Prince

2019-11-03 12:30:00 Sunday ET

Chinese trade delegation offers to boost purchases of U.S. agricultural products to reach an interim trade deal with the Trump administration.

Chinese trade delegation offers to boost purchases of U.S. agricultural products to reach an interim trade deal with the Trump administration. Chinese Vice

+See More

Anne Krueger explains why the Trump administration's current tariff tactics undermine the multilateral global trade system.

Fiona Sydney

2018-09-21 09:41:00 Friday ET

Anne Krueger explains why the Trump administration's current tariff tactics undermine the multilateral global trade system.

Former World Bank and IMF chief advisor Anne Krueger explains why the Trump administration's current tariff tactics undermine the multilateral global tr

+See More

The U.S. stock market delivers a hefty long-term average return of 11% per annum.

Peter Prince

2017-03-09 05:32:00 Thursday ET

The U.S. stock market delivers a hefty long-term average return of 11% per annum.

From 1927 to 2017, the U.S. stock market has delivered a hefty average return of about 11% per annum. The U.S. average stock market return is high in stark

+See More

David Colander and Craig Freedman argue that economics went wrong when there was no neoclassical firewall between economic theories and policy reforms.

Becky Berkman

2023-11-28 11:35:00 Tuesday ET

David Colander and Craig Freedman argue that economics went wrong when there was no neoclassical firewall between economic theories and policy reforms.

David Colander and Craig Freedman argue that economics went wrong when there was no neoclassical firewall between economic theories and policy reforms. D

+See More

Climate change and ESG woke capitalism

Dan Rochefort

2022-11-30 09:26:00 Wednesday ET

Climate change and ESG woke capitalism

Climate change and ESG woke capitalism In recent times, the Biden administration has signed into law a $375 billion program to better balance the economi

+See More